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I have some safenoon I bought at its peek sitting in my Metamask learned about bscprojects.live and though about investing. Risky yes but it wasnt much safemoon and wanted to try the platform.
I attempted to get up the funds and thought it went through but doesnt appear to have also when I go to try again I am told gas fees are 0.024635BNB which seems high. Like one of the main selling points behind bsc chain was low gas fees. Is this a normal amount to pay

The site looks very suspicious to me. I have been tried to visit that site and my impression if that's a new site. Did you wanna add liquidity pool with your safemoon? I think that you must think that again for twice. The site looks suspicious and it may steal your safemoon. You must always be careful with the new platform like this one. It's not a popular platform. https://dappradar.com/binance-smart-chain/high-risk/bsc-project
It says that a multiplier site. I suggest you never tried that.

It's not normal. You can try to check the latest transaction to know more which normal fees that applied in the BSC chain right now and it's about 10 - 20 cents for a single transaction. Are you wanna swapping your token?

If you want to connect to smart contracts of high-risk projects, then the very first action you need to do is create a new wallet.
Then transfer some tokens there, which are not a pity to lose, and try it.
15 dollars is a very large commission, as in the Ethereum network for the transfer of ETH coins.
I do not know how many smart contracts you will give permission to spend tokens from your wallet, but I can only tell you how not to lose all tokens on the main wallet.

this transaction fee is very high in my opinion because usually the BSC transaction fee is only 0.0003 - 0.0005 BNB. if the bsc transaction fee has reached 0.025bnb then this is a very high fee. and my advice not to make transactions with high fees. and this happens because the price of BNB has been increasing in the past until now.

Actually, you may customize the gas fees by editing out the transaction's gas and gwei, however this is dependent on whether the transaction will approve or not. It is always dependent on the network; if it is congested, the transaction will most likely require a large transaction fee for you to transfer your money. However, having high transaction costs is very normal; BNB is also rising; and, of course, many users are now using the network to partake in numerous bsc projects.

The gas given is like safemoon asking for very high gas costs, if you get a project like this better be careful because you will waste gas costs in vain and even when prices are low when we are about to leave To make a transaction, the gas costs we have to spend will also be relatively high, but if you believe in the project, it is better for you to seek more detailed information about the project.

What have you done, OP?

It has Been a while, and curious to know what happened to your transaction. Did you add it out just like the other members have suggested, or was it a scam that got you?

I have been through many forms and types of scams and since than I learned many things how scammers are appealing to our sense of greed so they can get the money they wanted from us. Anything that has something to do with multiplier is just another HYIP scam and should be avoided at all cost. OP should have checked the site bscprojects.live first if it has a good reputation, otherwise losing can be so high in the cryptocurrency industry riddles with opportunities and also with frauds. Sadly, many can still fall victims as these scammers are really so creative in pushing their business. Hope OP can be able to recover his SafeMoon, otherwise consider it as a tuition fee for learning.

Such high gas fee when you need to pay more than 10$ is not appropriate. Even transaction fees on Ethereum are lower sometimes. Actually, there are two factors that influence rising of gas fees. First of all, the price of BNB is growing. Secondly, when the activity is high, you have to pay more so that your transaction will be included in a chain. I am used to pay not more than 1$ on Binance Smart Chain, so I am really confused by your case. ???

Day by day gas fees of BSC will be pump like ETH depend with how much price BNB coin later, last time when BNB still dump only reduce fee under 0.1$ and now need almost 1$ for swap coin on pancake or other dex exchange support with BSC. Right now only with Matic or polygon network have lower fees transaction for sending or swap coin and we got fast transaction.

I have never used the platform as you mean, but if you are staking and want to withdraw it seems there are things you need to pay attention to before making a withdrawal with gas fees like that.
I'm currently using the Biswap platform because it has low fees for trading, staking or farming, maybe you can use it.

Speaking of gas in the bsc network...


BEP95 real-time BNB burning mechanism has been activated!

Each block will burn a fixed ratio of the gas fee collected by the validators in each block. The burning ratio is adjustable through governance (currently 10%).
https://twitter.com/BinanceChain/status/1465865735767400449

Yes the commission of 0.024635BNB is really very large for this network.
I spent the most 0.00600485 BNB per transaction it was on the Alpaca Finance, gwei was 5. It is worth noting that I did this transaction at a quiet time but if I made this transaction while the network is loaded then I would spend the same as you because I would have to put gwei 20.

0.00600485 BNB (gwei 5) x4 = 0.0240194 BNB (gwei 20)

Currently the BSC network is experiencing extraordinary congestion, a few days ago I made a transaction on the BSC network using gwei 5 and it was pending for a very long time, finally I raised it to 10 gwei and it is still pending but not for long. So if you want transactions to be processed faster, 20 Gwei can be an option for now.

Some platforms usually require high gas costs. Usually at the fair sale is designated who gases the bigger he gets the queue first. Well, it looks like the platform you're using is this kind of. That is a natural thing because we use the platform not just for token transfer / BNB as in general there are many solid transactions on that smart contract network.

It is expected for the gas fees on bsc network will start to rise up because many people already using it and new projects coming in choosing bsc platform because of gas fees cheaper that ethereum. BSC gas fees not that much a bother to me, it's still manageable.

Well, the gas fees on BSC are becoming very expensive, I thought CZ was mocking ETH fees on twitter for been too expensive and now same issue is messing up BSC network. Understand that the current ETH mainnet is POW while BSC is POS, so being a POS, something can be done about it, hoping for the validators to do something about the network fees and stop fleecing the users.

I think, over time, the price of BNB gas fees will increase, just like ETH
For now, BNB gas fee is very cheap for transaction 👍

Overall, BNB gas fees remain reasonable even after accounting for ETH gas fees. Following the network congestion, network fees have become horrendous, but we have many options right now. You can either wait for gas prices to drop or ignore it for a while. It is possible to make your priority list with the lowest fees and you can also switch to bsc, sol, etc. Your remark would be like- F*ck ETH and BNB, they are useless until gas fees are resolved.

BNB seems to be walking the path of Ethereum Blockchain day by day.  Because if it continues like this, the way everyone has turned away from the Ethereum blockchain, it will be seen that next time everyone is turning away from the BNB blockchain.

The gas fees usually cost around 0.0007 to 0.0010 BNB depending on the transaction, however certain transactions such as claiming experience can be higher depending on the numerical data involved. Combat gas fees are listed at 0.0025, however that is just a maximum amount that the player may pay.
Your mentioning fee absolutely not normal.

The cost of BNB gas is indeed equivalent to what you say, when making an exchange that must involve sweeping, then you should really know that it is a good coin, so that the gas you spend is not wasted, even though the cost of gas is not too expensive in comparison with other exchanges, and I think it's still in the normal category for BNB gas exchanges at this point, in fact almost a lot of smart contracts use it.

I assume that gas fee for BSC will be able to drop ver yeasily, it doesn2t require the hard work that ETH needs to do in order to drop. If Binance decides that they will add in 100 more validators of their own, increase the server structure and then suddenly we are capable of doing 5x faster. That's all it needs, there is nothing that would be very complicated for binance to handle and it would be very easy for all of us as well.

ETH has a different problem, even if you want to, you can't change anything and that means gas fee will stay like that. The upside for ETH is that, it means they are decentralized and nobody could change it, even for good, whereas binance is capable of making it better very easily which is good, but it means centralization. So things are not the same there, I would assume that decentralization is much better even when you are paying higher gas fee.

It may be the project you are trying to get into. Some contracts are really poorly written and that could cause it. Most of my Bsc fees were no more than 0.001 for the past few days but one contract wanted 0.04 each and every time I interacted with it. Weird, but I have seen the same thing when trying to send ERC-20 tokens.

Gas bsc continues to increase even though it is very small, I often swap on Pancake and Apeswap, I often notice that now it takes around 0.0015 BNB for swap, but I think what we pay with BNB is appropriate because the transaction speed is still stable, this is different from ethereum, I sent $120 worth of tokens it cost around $45 and it took almost 3 hours to get 10 confirmations.

For now, I think the gas at BNB is still very standard, even if we swap it, it's not that big of a gas that we have to pay, the transaction speed at BNB is still relatively safe and fast, so it doesn't take long to wait for our swap do, that's why BNB is currently growing and becoming a solution for anyone in doing swaps.

I think for BSC it's perfectly normal for gas costs at this point, but I've also heard from people that when a swap is made on a particular coin it will automatically have to share the Fi, but I haven't studied further whether the fi is based after swapping or not. indeed before, considering the usual swap on the BSC smart chain is still in the cheap category.

I cannot agree with you, since recently there have been delays in sending in the BSC network, which is associated with an increased load. This in turn leads to an increase in the transaction fee. And although the price per transaction in the BSC network is very low compared to the Ethereum network, it is already inferior to such blockchains as Matic and Solana.

I wonder when was the last time you traded on the bsc network. Transactions hang and the network comes to a standstill in some hours, no matter how much gas I increase. The bsc network has started to get so much load, they should get rid of the heavy load problem with an urgent update. If they're aiming to be an Alternative to Ethereum, they should get it done quickly. Otherwise, why would people prefer the bsc network?

Or there will be a tendency to other alternative networks. like avax,matic and cosmos.

Currently, many projects are collaborating with the BSC network, thus forcing us to use the network, because most bounty participants get prizes and make exchanges on the network, indeed for now trading on the BSC network is easier and cheaper, compared to other networks, but the big burden you mentioned should also be maximized in the near future, so that the alternative to using the network becomes the best choice for people.

I have not heard the case, or maybe I missed the information, what I like about BSC transaction fees are still in the standard category, although Matic and Solana are still very cheap, but many projects are working with the current BSC network , maybe the delivery delay is the maintenance system carried out BSC, but if it could be resolved quickly, no too big a problem would arise in my view.

On December 8 there was a diffurcation of ETH, did anyone experience the change? Someone tried to make a transaction on the ETH network? I have been a bit far from the ETH network or from projects that have to do with the ETH network, since in the last Project I spent approximately 200 USD in fee, the truth seemed to me very expensive, if they lower the price it would be a fork or acceptable update. For now, the BSC network is still very good in terms of fee, the Solana network has not yet entered the metaverses with intensity, I am sure that as soon as they enter it will be something else.

BNB has become the best solution in handling transactions between exchange bridges or swap fees and many blockchain developers have used this network because it is already in great demand, it is only a matter of time until BNB dominates the Etherum network.

I think the BSC gas fee is still realistic, which is around 15 cents, the most important thing of course is the transaction speed, maybe currently it is decreasing due to the increasing transaction volume, but getting 10 confirmations is still fast, which is around 2 minutes.

Sometimes it could be network related issue,  I would suggest you try again in few hours whenever you experience such a situation, I have encountered such a situation too, the transaction fees were way too high than the usual fees from bsc so I wait a bit and try again it calculated the actual transaction fee,  you should try.

How realistic can it be? The picture you painted there isn't the true position of things actually trading on DApps this day. I have had to pay around $3 to swap tokens on Pancakeswap using Trust Wallet. The 15 cents fee you mentioned might have been a long time before BSC became popular and much sort after as it's now. I understand what is causing all that, it's the natural law of demand and supply playing out on the recent high fees. However, that isn't even the whole thing. The high percentage on slippage on DApps isn't making trading through them encouraging. It used to be 0.05% or less on slippage in the past, but now it goes as high as 15%. It's absurd, really.

I agree with Mpamaegbu. The picture Ngewex Yuk drew is unrealistic. Yesterday I've paid 87 cents for swap on pankeswap. Previously I clearly remember that I've paid 30 cents, 15 and 7 cents for swaps. It might be that the price paid for swap depends from the contract of token, but an overall picture is horrible. The fees are growing in BSC network. And if we count the cost of BNB and ETH (which is 8:1), then roughly the fees of $3 that Mpamaegbu paid equals $24 if the transaction would be on Ethereum. That is not far from what people pay not for an Ethereum token swap.

I have never encountered this kind of high gas fees either for swaps, providing liquidity or sending coins. All of my recent transactions costs almost a dollar only and nothing goes beyond it unlike eths. Well, some members accused this site to be suspicious so I guess its better to keep out. It could even be a phishing site and not just .0246 BNB fould be lost if you don't take extra precautions. Beware.

I think BSC network gas fee limited for small trader and every transaction gas fee too low. BSC gas fee still favourite and per transaction under 15-20 cent that's cool. But ETH gas fee is Very high recently. I Think ETH they update 2.0, and solved gas fee problem. I'm now usually Using VSC network, i think they are more development in future.

the price of coins also indirectly makes gas prices change and it is possible that if BSC like ETH is currently not impossible, their BSC gas will experience a significant increase as well when their prices skyrocket.
Actually, I think that for gas, the traders want very small things, but indeed things like this are also quite vulnerable, because the cheaper the gas is, the bigger the fraud will be and the more fraud will occur.

A good advise, if I'm also at your shoe I will not try to deal with this platform, the fee for every bsc transaction is not that much. With kind of gesture, the chance that it will not only the fee that you are risking but more on the asset that you wanted to transfer, but getting the point about safemoon holds, even it's not that much anymore it's still your money that you invested, better to keep those coins instead of risking it to another platform that you are not sure with the services.

I removed liquidity from 1inch yesterday, while paying a commission of $64 at the price of ETH - $49170. This commission is almost 2 times lower than it was before the Arrow Glacier fork. We saw a similar decrease in the transaction price after the London fork, but later it became even higher than it was before the update. I don't think there will be any significant changes in the cost of transactions.

After using bsc in a long time, I think this is one of coin that needs a few gas fees. So If you said that your transaction need that amount of BSC, seeit first which transaction it is. May be it is swap, or claiming something, etc. Because that would be different for only just send coin from wallet to wallet.

But I have ever paid the fees higher than I have ever done, so I think I can conclude that the gas fees is can be higher or not, it depends on the kind of the coin and transaction. So, yeah It's normal.

I had this kind of experience on a farming game platform I played on, if you know PVU games you can check them out on coinmarketcap if you want to see them.
The LE to PVU swap process costs 0.02 BNB, I think it's normal to avoid small drawdowns to avoid a drop in the coin price, but in reality, we only pay 0.001 BNB to swap on pancakeswap.
the developers have many ways to profit and i think the 0.02 BNB fee is too high.

Some platforms usually do have different costs even though we know the BSC network is normally very cheap. I even paid 0.041 BSC at 1inch. Usually this happens because of the dense transaction on that smart contract. This is normal, back again at a time when smart contracts are not solid you will get cheaper costs.

Even today, there are many other smart contracts that are cheaper and easier to use, so it's not only BSC that has cheap gas costs, if you explore further, there may be many other transactions that have cheaper gas costs than BSC, but the problem is, currently many projects are using cooperation with BSC, besides there is no choice, we are also required to use it, and I still like BSC for now, not only because of the cost of Gas, but their stability is still very stable and increasing.

For today's swap case ethereum has been beaten by BNB, because gas costs for BNB are quite affordable, but to beat ethereum at number two on marketcap is still not possible, many good projects currently use the ethereum network, so it's hard to beat ethereum for now and I'm sure in the future ethereum will still hold on to its current position.

Bsc gas fee is not too much affordable for everyone that's why mostly project build on bsc network eth fee is too much it's less only in one case if Eth 2 launch and no one know when launched

I personally never experienced transfers fees that high on the binance smart chain yet. 0.025 bnb are around 13$ which is already quite a big amount, of course nowhere near the amounts that we sometime have to pay if we send something on the ethereum network but still too high. I would guess the reasons for the high transfer fees on the bsc chain are quite simple and the same as in the ETH chain, the network is just to congested with to many transactions and swaps going on at the same time. In the last few weeks and months a lot of projects switched from ETH to BSC and new projects often launch on the BSC chain and we are now seeing that impact.

It's normal I don't see reason why someone should complain about this, if BnB grows higher the gas fee won't ever be the same and it's same for every other coins and tokens, higher value equals to higher gas fee, even Tron and matic among others have shown that once there is surge in price gas fee will also increase

I mean it is based on Binance and they are very trustworthy in exchange world, so the coin itself and the network is trustworthy because of that. It is not really "that" expensive, sure it is more than what it used to be but look at ETH, that is more expensive than anything I have seen so far, do you know what the charge is for you to approve and the nswap a brand new token there?

As high as 100 dollars on uniswap, which is why I would never consider using ERC20 at all, doesn't make sense to spend that much, sure transactions may have dropped a bit but approval and swapping at defi is still INSANELY high. And yet we still see ETH being used a lot right? Billions of dollars per day volume all around the ERC20 network? So that means no matter what the price of gas fee is in ERC20 or BEP20, as long as they can attract those new projects then they are going to be fine.

That's right, and now it looks like they've done just that a little bit.
but can't be blamed because it's a natural thing and we can't deny it because it's something that is certain.
as long as they continue to grow, the fee will continue to grow as long as they become large, the fee will also get bigger, that is an undeniable certainty.

I think that sooner or later the BSC gas fee will also increase along with the increase in the price of BNB, this is the same as Etherum at the beginning of launching the gas fee is still affordable because the price of Etherum is still below 500$ but now it has become expensive. Don't be surprised if in the future BSC transactions will be expensive

that's for sure buddy,,,, if the price of binance goes up then gas costs will also go up, besides the number of adoptions from the binance network will also affect the increase in network transaction value, but you don't have to worry about binance gas costs because when compared to ethereum gas costs, the cost of binance gas is much lower,

The cost of a transaction in Balance Smart Chain depends not only on the cost of BNB, but also on the network load. But even if the number of transactions increases a hundred times, the price in the BSC network will be a hundred times lower than in the Ethereum network, but this is only until the moment when Ethereum-2.0 is fully launched.

Never heard the site until today and it looks like other type of HYIP for me with the "staking" scheme on cryptocurrency. It's good to trying out new site but yea just keep in mind about anything.

That's quite normal for me, that's around $14 - $15 for that transaction. But still, the return depends on your investment you make. That's up to you if you choose to do it or not but since I don't know the site you are talking about which I do think quite risky to be honest.

I agree with you, there is nothing to worry about the cost of binance gas because in my opinion it is in accordance with the value of binance itself, when compared to the cost of tron ​​and matic, the cost of binance is much higher, but we know how much tron ​​costs and matic is of course much lower than the value of binance, isn't it, as a percentace of the price of tron ​​and matic in my opinion the gas costs are more expensive than binance, because the price of binance is much higher than the price of tron ​​and matic, true as you said there is no point in complaining about the current cost of Binance gas, isn't the cost of ethereum gas much higher than the cost of other altcoins gas, but it doesn't affect people's interest to invest in it,

bsc has the very low fees nowadays unlike erc20 so ho comes you will end up paying too much in it? If it's true probably it's because of the platform you're using wherein they are not following what other have, i mean despite of the situation they still want to get more money from fees. If i were you mate use binance if you want a small fees..

That's definitely some really high gas fees that you are asked to pay.

It's not normal, normal would be cents. This is more than $10 which is probably worse than some ETH fees right now.

Check your wallet configuration. Have you set an abnormally high amount of fees or something? Or are you using a third party provider that is charging you exorbitant amounts in fees?

I hope the OP already resolved his gas fee problem in BSC. Because he didn't elaborate much what wallet he is using. Because such expensive fee usually is because of third party provider. Because even when you transfer from one exchange to another, the BNB fees are also cheap. So high likely, that this is a third party provider charging high fees.  Anyway, the OP should explain more about the situation so we know where the real problem is.

I think that was only random generated by the system, of course you can edit to lower gas fee. You just need to find the right button go click on the pop-up page.

precisely because of that, Matic, Solana are not as developed as BSC, if many new projects are launched, but use other platforms, then both of them will also not develop fast, the more projects that use the BSC platform, the possibility of developing very quickly, this is what is a debate now, regarding BSC or Ethereum, although many people have their own preferences and references in using it.

I think an increase in gas costs from Binance is something that is very normal, because basically the more activity that occurs on the Binance network, the higher the costs that must be spent, right now, the cost is still very low compared to other networks. So complaining is not the right choice, my friend,,,!!!!!

Considering how quick the switch to BSC was, next switches would come quicker. I myself is moving a lot of my holding off BSC mostly because of the transaction fees. Polygon, still a work in progress but has improved a lot recently and have a low fees. Working with solana is a bit confusing as there seem to be multiple platforms but the more competition you have, the more are the opportunities created, mostly for farming established coin pairs.

It should be so, the more options available, the easier it is for us to use it, but today the problem is, many projects use the BSC network, so there is no other choice but to use it, if there is one then the project is not very successful , which I understand at this time is not a matter of expensive and cheap, but many large projects use the network, then what can we do?

Very abnormal. There seems to be an error that the amount of gas is too large. In such cases, we have to re-assure the project that uses the network. As we know, the Binance Smart Chain (BSC) transaction fee is not as expensive as the amount of gas you have to spend. Again, that number is not normal.

Yes at this time there are indeed many projects that use the BSC network and that is a good thing for the BSC itself,
BSC network is cheaper in terms of transaction fees than Ethereum network

it is normal because safemoon dev did it.
take a look this blockchain transaction
https://www.bscscan.com/tx/0x72244dd1da8e4e73c77ce171def562ad6a3967ae403680dc1998a4593c340fab
gas price on BSC blockchain usually 5 gwei but they set gas limit 434123 for each transaction.

that's what make them expensive

Bsc gas fee is affordable for everyone that's why daily thousand of transection on bsc network also due to this mostly project build on bsc network but in future this fee can increase if bsc price pump too much

If we look at the data, there is an increase in BSC gas, I think this is reasonable because of the increase in transaction volume from the network, another factor that makes me like BSC is the speed that is still stable, even many experts believe that if the transaction volume increases up to 100x then the BSC is still stable .

I think in the present time the bnb ges fee is very less then compare to other coins so that is the main reason is people support and use it will the bsc is a strong coins and the people use bnb in to the Transection because there fee is very less that is great point the bnb rise there price and position day by day .

this is a natural thing, because they (the developers) want something cheap and bsc is one of the alternatives there.
apart from that, I think this is a pretty reasonable thing because they will definitely do that and here are also a lot of projects that I think are trash due to the low fees there.
As for what to do, there really isn't anything that really has to be done because that is everyone's will. but maybe we can minimize it by looking at what projects we want to follow

Yes, in fact that can be done, but I do not know if the effect of reducing the gas rate and editing it believes that the transaction remains on the BSC blockchain and does not arrive, or remains in the air and has to wait a long time , either to reverse it or to cancel it, the same thing happened to me months ago with the ETH network and after 2 months it was when I was able to withdraw the money that was when it arrived at my exchange. However, when we reveal high rates for BNB, it turns out to be a robbery, something that should not be, because they may charge very little for the fees, that is why the Polygon network, Solana are preparing to have the gaming projects with them NFT of the metaverse.

To participate in new projects, we must really know the journey, BSC is an alternative for development in carrying out their current projects, but on the other hand there are many waste projects that they develop, in fact they rarely develop in the future, to minimize it, it is better to choose ethereum-related projects, although the cost of gas is expensive, but the success rate is more promising, I think this is what we must understand now.

It is no doubt price of bnb coin is increasing each day and with such increasing demand of low gas fees they are alot of new blockchain launching each day i personally think investing in New bsc chain project with such high gas fees is the problem and that's reason most community member hate to give such huge fees in newly launch project

I think this is a very high cost in transakai with bsc, usually the normal cost in a bsc transaction is only 0.00025 with a platform project that provides safemoon it is very high so you have to sell it at a high cost too, never sell it with a high fee because it doesn't match the cost the cut is not normal as usual try to see suggestions from others if there is a solution.

Right. The source can be seen directly. For now, the cost of Binance Smart Chain (BSC) gas is still affordable because it is in the cheap category compared to Ethereum gas costs. But I believe that BSC gas costs will be high when Binance price increases to near Ethereum price even though BNB and BSC have differences.

As far as I know, there is no need to cut so much net fee. Because I work in BSc network for many days. But till today not so much net fee has gone. It seems impossible to me. It can still be cut because many times there are network problems.

I have been using BSC network for a long time. I have never charged 0.024635 BNB per transaction. You should change or leave that platform. Because till now the transaction fee of BSC network is much less than other networks.